MaxLend Bad Credit Review

Installment loans provide predictable repayment plans for you to easily manage your monthly budget better. Even with a bad credit score, you can find a lender offering favorable terms on loans.

Best for
4 /5
$ /mo
Starting Price
Visit Site
Table of Contents

    About MaxLend

    The service is owned and controlled by a federally-recognized American Indian Tribe. Its sovereign government provides all loan products and isn’t subject to governmental processes.

    The provider offers installment loans up to $3,000 with a loan duration of nine months.   

    Its 24-hour service means you can apply anytime, and you’ll receive your loan on the same day.

    Although it doesn’t require a credit score to apply, there’s no guarantee your loan will be accepted. If you suffer from a bad credit score, we offer some potential alternatives at the end of this review.

    MaxLend Financial Terms in a Glimpse

    Minimum Credit Score

    No credit score required

    BBB Rating:


    Loan Duration:

    Nine months

    Loan Amount Range:

    Up to $3,000

    APR Rates:

    471.78% up to 841.45%

    Minimum Down Payment:


    What MaxLend Offers

    The lending service gives installment loans of up to $3,000 and doesn’t mention a minimum credit score for applications. There’s no guarantee your application will be successful if you do have bad credit, though. 

    Apply Online

    The provider features a quick online application form for installment loans. This online convenience extends to eSignature services on loan documents. In order to apply, you’ll need to meet the following eligibility requirements:

    • Must be over 18 years old
    • You’re unable to apply if you’re an active-duty military member
    • Must fall under one of the eligible states
    • Must not have filed for bankruptcy 

    Installment Loans

    It provides installment loans payable within nine months. The service works with a membership tier level with regards to the amount you can loan. You can apply for a loan of up to $1,850 on your first application.  

    After a successful application, you’ll move up one-tier. There are five ascending tier groups, with platinum being the highest. You’ll need to reach platinum level before applying for a loan of up to $3,000

    How MaxLend Works

    The services application process is straightforward as long as you meet the eligibility requirements. 

    Apply- Fill out your credit application form found on its website. You’ll have your loan documents sent to you for eSigning once it’s approved.
    Call- To verify your details, a representative from the company will call you. The service will then send a copy of your application and its confirmation to you for your records. 

    Closing- You’ll receive your funds on the same day as your application and your closing payment date.   

    MaxLend Fees and Terms

    The lender offers higher APR rates compared to traditional banks due to its short term repayment policies.

    It also doesn’t require you to provide any collateral when taking out an installment loan. 

    As far as bad credit, you can apply no matter your score.

    Although this sounds good, you aren’t guaranteed approval if you have a poor credit score.

    When applying for an installment loan, you’ll want to have the following documents on hand:

    • Social security number 
    • Proof of income
    • Proof of an active checking account

    MaxLend Customer Service

    Its customer support line is available 24 hours a day, so you won’t have to worry about office hours. You can contact one of the services representatives via telephone or email. It also gives an informative FAQ section.

    MaxLend Pros and Cons


    • Same day funding
    • No credit score required to apply


    • Active military cant apply
    • A credit check can affect your score
    • Services aren’t offered to all states

    Final Verdict About MaxLend

    Overall, the lender offers reasonable terms on its bad credit loans. The maximum loan amount is much lower than that of its competitors.

    You can’t apply if you’re an active military member and should instead look at Navy Federal for loan options. 

    Alternative lenders such as Avant and CitiBank present low rates on loans, even if you have bad credit.

    These lenders also provide favorable payment terms and higher loan amounts.  


    • Installment loans
    • Payday loans
    • Cash loans
    • Personal loans
    • Advance loans
    • Online application
    • Documents offer eSignature 
    • Same day funding
    • FAQ section
    • Membership rewards